Answer:
Best response for Kate
If Hubert chooses left, Kate would have to choose Right so that Kate can make a payoff of 5.
If Hubert chooses right, Kate would still choose right to make a payoff of 5.
Best response for Hubert
If Kate chooses left, Hubert would choose Left to get a payoff of 8.
If Kate chooses right, Darnell would choose right so as to make a payoff of 6.
The dominant strategy is the one that a player can pick regardless of the action of the other play.
<h2><em>The only dominant strategy in this game is for </em><em>
<u>Kate</u></em><em> to choose </em><em><u>
right.</u></em></h2>
Kate will choose right regardless of what Hubert does because it will give the higher payoff. This is the dominant strategy.
<h2><em>The outcome reflecting the unique Nash equilibrium in this game is as follows: Hubert chooses </em><em>
<u>right</u></em><em> and Kate chooses </em><em>
<u>right</u></em><em>.</em></h2>
Kate will always choose right which would prompt Hubert to pick right as wel as as to make a payoff of 6.
Answer:
It is not a valid agreement as it has to be in writing the no of widgits per month and cost of widgit.
Explanation:
Widgit is liable to Midgit if only if there exists a written agreement regarding quantity and price per month. If there is one, then Widgit is liable to Midgit for breking the agreement.
Answer:
The correct answer is (b)
Explanation:
Sale promotion is an effective way to improve short-term sales and at the same time attract new potential buyers. Ice scrapers sale promotion strategy will help them to increase their sales revenue. As they are offering buy two get one free sale on black Friday the overall prices will decrease that will increase the demand.
Answer:
O increase by $48,000
Explanation:
A loss is made on disposal of an asset when the amount received from the disposal is lower than the carrying amount of the asset. The carrying amount or net book value of an asset is the difference between the cost of the asset and its accumulated depreciation.
Hence
Carrying amount = $75,000 - $20,000
= $55,000
Let the amount received on disposal be K
K - $55,000 = -$7,000
K = $55,000 - $7,000
= $48,000
This is the amount received from the disposal and it represents an increase in cash.
<span>Tyree's coach is likely trying to instill teammate dependability in his players by making them run laps if their teammates do not get at least 75% of their free throwns in.</span>
